Monday, February 14, 2011

Brazil Real Weaker Early Following Tepid Euro Data

BRASILIA (Dow Jones)--Brazil's real weakened early in the session Monday as dissappointing data from the Euro-zone and a consequent weakening of the Euro set the tone for local trading.
The real opened at BRL1.6695 to the dollar after ending at BRL1.6660 to the dollar Friday according to Telekurs via Factset. Traders noted the

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